TOKYO — Nissan is looking to sell some or all of its 34% stake in Mitsubishi Motors, Bloomberg News reported on Monday, citing unidentified sources, a move that would reshape a three-way alliance that includes France's Renault.
Nissan shares rose 5% on the news. Mitsubishi Motors was up 3%.
Nissan is reportedly exploring the possibility of selling either some, or all of its 34% stake in Mitsubishi Motors, a move that could drastically reshape its three-way alliance, which also includes Renault.
TOKYO — Toyota holds a $293 million stake in Uber, as it partners with the ride-hailing company to further expand into new mobility services, Toyota's latest corporate governance report released on Wednesday showed.
The Japanese automaker has also unloaded shares in some of its suppliers, adjusting its portfolio to reflect partnerships with rival automakers and technology firms as it transforms into a mobility services company, the report showed.